NASDAQ:BZ

Kanzhun (BZ) Stock Price, News & Analysis

$18.28
+0.44 (+2.47%)
(As of 04/22/2024 ET)
Today's Range
$18.01
$18.39
50-Day Range
$14.32
$20.79
52-Week Range
$12.57
$21.32
Volume
3.08 million shs
Average Volume
3.55 million shs
Market Capitalization
$6.86 billion
P/E Ratio
55.40
Dividend Yield
N/A
Price Target
$20.38

Kanzhun MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
11.5% Upside
$20.38 Price Target
Short Interest
Healthy
4.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.24mentions of Kanzhun in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
45.24%
From $0.42 to $0.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Computer And Technology Sector

251st out of 591 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

23rd out of 58 stocks

BZ stock logo

About Kanzhun Stock (NASDAQ:BZ)

Kanzhun Ltd, headquartered in Beijing, China, is an online recruitment platform that connects job seekers with potential employers. The company's main product, BOSS Zhipin, is a popular app in China that utilizes artificial intelligence (AI) technology to match job seekers with employers based on their qualifications and preferences. Kanzhun was founded in 2014 and went public on the NASDAQ in June 2021.

Kanzhun has experienced strong revenue growth over the past few years, with a compound annual growth rate of around 70%. The company's gross profit margin has also improved yearly growth profit margin for several years. Since its initial public offering (IPO) in June 2021, Kanzhun's stock has experienced volatility reflecting the challenges of operating in a rapidly evolving industry. As a result, the company's share price has ranged from a low of $17.05 to a high of $50.40  Kanzhun's valuation metrics are mixed compared to industry peers. 

The online recruitment industry in China has seen significant growth in recent years, with increasing demand for skilled labor and a shift toward online recruitment platforms. Kanzhun's main competitors include 51job, Liepin and Zhaopin. However, the industry is subject to government regulation, particularly regarding user data protection and the verification of job postings.

Founder and CEO Peng Zhao leads Kanzhun's leadership team. Zhao has over 15 years of experience in the technology industry and previously served as an online recruitment platform's Chief Technology Officer (CTO). 

Kanzhun has several growth opportunities, including expanding its services to new markets and introducing new products. The company has already expanded its services to Hong Kong and Singapore and plans to expand further to Southeast Asia. Kanzhun is also exploring using blockchain technology to improve its platform's security and transparency. Additionally, the company has indicated an interest in expanding into other industries beyond recruitment, such as education and healthcare.

The online recruitment industry in China is highly competitive, with Kanzhun facing intense competition from other established players in the market. The company must also navigate government regulations related to data privacy and job posting verification. Moreover, Kanzhun's success largely depends on the health of the Chinese job market, which may be impacted by factors such as economic conditions, government policies and the political climate between the United States and China. 

Kanzhun operates in the broader human resources and recruitment industry, which is growing rapidly due to the increasing demand for qualified candidates in various fields. Several factors, including economic changes, technological advancements and evolving labor laws, have impacted the industry.

Kanzhun faces significant competition in the recruitment industry, with key players such as LinkedIn, Indeed and Glassdoor dominating the market. However, Kanzhun focuses uniquely on China and offers various services beyond job postings, including training, assessments and career development services.

Kanzhun has several growth opportunities, including expanding its services beyond China, growing its user base and leveraging new technologies to improve recruitment. The company has also launched several new products recently, including a mobile app and a chatbot, to help job seekers and recruiters connect more efficiently.

Kanzhun faces several risks and challenges, including intense competition from established players, changing regulations in the recruitment industry, and the potential for economic downturns to impact job growth. The company may also face challenges in scaling its operations beyond China and adapting to evolving technological trends.

BZ Stock Price History

BZ Stock News Headlines

Kanzhun (NASDAQ:BZ) Shares Gap Down to $19.59
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Kanzhun Ltd ADR (BZ)
BZ Apr 2024 25.000 put
BZ Apr 2024 30.000 call
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Why Kanzhun Stock Jumped 15% This Week
BZ Mar 2024 12.500 call
Kanzhun Ltd (8JN0.SG)
Kanzhun Rallies On Better-than-expected Q4 Results
Why Kanzhun Ltd Stock Popped Today
Earnings Preview For Kanzhun
Zoominfo up as BofA upgrades
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
4/23/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
5,602
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.38
High Stock Price Target
$27.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+11.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$154.82 million
Pretax Margin
20.53%

Debt

Sales & Book Value

Annual Sales
$838.33 million
Cash Flow
$1.17 per share
Book Value
$5.04 per share

Miscellaneous

Free Float
N/A
Market Cap
$6.86 billion
Optionable
Optionable
Beta
0.59
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BZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Kanzhun stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kanzhun in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BZ shares.
View BZ analyst ratings
or view top-rated stocks.

What is Kanzhun's stock price target for 2024?

8 Wall Street analysts have issued twelve-month price targets for Kanzhun's stock. Their BZ share price targets range from $16.00 to $27.00. On average, they anticipate the company's share price to reach $20.38 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price.
View analysts price targets for BZ
or view top-rated stocks among Wall Street analysts.

How have BZ shares performed in 2024?

Kanzhun's stock was trading at $16.61 at the beginning of the year. Since then, BZ stock has increased by 10.1% and is now trading at $18.28.
View the best growth stocks for 2024 here
.

Are investors shorting Kanzhun?

Kanzhun saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 13,360,000 shares, a drop of 11.8% from the March 15th total of 15,150,000 shares. Based on an average daily volume of 3,410,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 4.0% of the shares of the stock are sold short.
View Kanzhun's Short Interest
.

When is Kanzhun's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our BZ earnings forecast
.

How were Kanzhun's earnings last quarter?

Kanzhun Limited (NASDAQ:BZ) announced its earnings results on Tuesday, March, 12th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The firm earned $222.57 million during the quarter, compared to analysts' expectations of $215.66 million. Kanzhun had a trailing twelve-month return on equity of 8.44% and a net margin of 18.28%.

How often does Kanzhun pay dividends? What is the dividend yield for Kanzhun?

Kanzhun declared a -- dividend on Tuesday, November 14th. Investors of record on Tuesday, December 5th will be paid a dividend of $0.18 per share on Thursday, December 21st. This represents a yield of 0.9%. The ex-dividend date is Monday, December 4th.
Read our dividend analysis for BZ
.

What guidance has Kanzhun issued on next quarter's earnings?

Kanzhun updated its first quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $227.6 million-$231.8 million, compared to the consensus revenue estimate of $222.4 million.

When did Kanzhun IPO?

Kanzhun (BZ) raised $864 million in an initial public offering on Friday, June 11th 2021. The company issued 48,000,000 shares at $17.00-$19.00 per share. Goldman Sachs, Morgan Stanley, UBS Investment Bank and China Renaissance served as the underwriters for the IPO and Haitong International, FUTU and Tiger Brokers were co-managers.

Who are Kanzhun's major shareholders?

Kanzhun's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Matthews International Capital Management LLC (0.18%), Sumitomo Mitsui Trust Holdings Inc. (0.14%), Renaissance Capital LLC (0.06%) and Los Angeles Capital Management LLC (0.01%).

How do I buy shares of Kanzhun?

Shares of BZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BZ) was last updated on 4/23/2024 by MarketBeat.com Staff

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